<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Resolution Plan Violates Section 30(2)(b) of Insolvency Code; Directive Issued for Equal Treatment of Creditors.</title>
    <link>https://www.taxtmi.com/highlights?id=47946</link>
    <description>Approval of Resolution plan under I&amp;B Code - Operational Creditor has been paid Nil as against 27.83% to the Financial Creditor - distribution as made between the FC and the OC is arbitrary and discriminatory and in contravention of Section 30(2)(b) of the ‘I&amp;B Code’ - directed to modify the plan with same treatment to OC</description>
    <language>en-us</language>
    <pubDate>Tue, 16 Jul 2019 09:11:32 +0530</pubDate>
    <lastBuildDate>Tue, 16 Jul 2019 09:11:32 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=579467" rel="self" type="application/rss+xml"/>
    <item>
      <title>Resolution Plan Violates Section 30(2)(b) of Insolvency Code; Directive Issued for Equal Treatment of Creditors.</title>
      <link>https://www.taxtmi.com/highlights?id=47946</link>
      <description>Approval of Resolution plan under I&amp;B Code - Operational Creditor has been paid Nil as against 27.83% to the Financial Creditor - distribution as made between the FC and the OC is arbitrary and discriminatory and in contravention of Section 30(2)(b) of the ‘I&amp;B Code’ - directed to modify the plan with same treatment to OC</description>
      <category>Highlights</category>
      <law>Insolvency and Bankruptcy</law>
      <pubDate>Tue, 16 Jul 2019 09:11:32 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/highlights?id=47946</guid>
    </item>
  </channel>
</rss>